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Railroads lead the way. 1 st transcontinental RR. Completed in 1869. RRs expand. Consolidation Railroad barons control industry. RRs & the economy. Carried raw materials to factories Carried food from farms to cities. Carried manufactured goods from factories to markets.
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1st transcontinental RR Completed in 1869
RRs expand • Consolidation • Railroad barons control industry
RRs & the economy • Carried raw materials to factories • Carried food from farms to cities • Carried manufactured goods from factories to markets
RRs help other industries • Iron and steel • Lumber • Coal • Work for thousands of people
Improving RRs • Consolidation led to standard gauge • New technology • Janny: easier links • Westinghouse- air braked • Swift- refrigerated cars • Pullman-sleeping cars
Competing for customers • RRs offer secret rebates • Owners made secret agreements (pools)